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Western Digital/$WDC

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About Western Digital

Western Digital is a leading vertically integrated supplier of hard disk drives. The HDD market is essentially a duopoly, with Western Digital and Seagate as the two largest players. Western Digital designs and manufactures its HDDs, with much of the manufacturing and workforce located in Asia. Data centers are the primary consumers of HDDs.
Ticker
$WDC
Sector
Digital Hardware
Primary listing
NASDAQ
Employees
40,000

Western Digital Metrics

BasicAdvanced
$116B
12.08
$25.77
2.17
$0.55
0.19%

What the Analysts think about Western Digital

Analyst ratings (Buy, Hold, Sell) for Western Digital stock.
Analyst projections of the future price of Western Digital stock.

Bulls say / Bears say

Western Digital’s fiscal Q1 revenue rose 55% year on year and gross margin reached 57.8%; it also forecast Q2 revenue of $5.1 billion at the midpoint. That gives the current upturn strong earnings momentum. (Western Digital)
The 40-terabyte ePMR drive is ramping, with management expecting it to reach about half of nearline shipments in fiscal Q3; first-generation HAMR volume shipments are planned for the first half of 2027. Higher-capacity drives can lift storage shipped per unit and support the product mix. (The Motley Fool)
Cloud and AI workloads are driving demand for more data storage, while customers are extending planning horizons into the next decade. Longer-term customer commitments could give Western Digital better demand visibility than in past HDD cycles. (The Motley Fool, S&P Global Ratings)
The business is heavily exposed to a small group of large data-centre customers: its three biggest customers supplied 44% of fiscal 2026 revenue. S&P warns that swings in hyperscalers’ spending can still drive a cyclical downturn. (S&P Global Ratings)
If HDD makers or rivals add capacity faster than demand grows, today’s tight supply and strong pricing could ease. Analysts have also flagged higher capital spending and possible competitor capacity increases as risks to WDC’s valuation. (Yahoo Finance)
The HAMR transition could bring higher costs and weigh on margins as new drives enter production. Summit Insights also expects average selling prices per exabyte could fall in 2027, which would weaken a key support for recent profit growth. (Investing.com)
Data summarised monthly by Lightyear AI. Last updated on 5 Nov 2026.

Western Digital Financial Performance

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Western Digital Earnings Performance

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Funds containing Western Digital

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